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Good day,
I am preparing to sit for Dec AA and honestly I’m a bit overwhelmed with the information so far (6 chapters in) I have never worked in audit and I am struggling to grasp the concepts. For example, Risk assessment is really not sticking no matter how many times I go over it and struggle with the questions.
Should I keep reading and attempting a few questions and I’ll maybe get a full picture at the end of the course or is that risky? What is the best approach for studying AA?
NB: I’m using OT notes & BPP text.Thanks in advance.
WELCOME to my forum!
AA isn’t like LW, for example, you can’t “learn” you’re way to confidence in passing and if you’re “not getting it”, no amount of reading is going to help.
I don’t know how many pages there are in the BPP text but I image that is daunting – and the amount of detail is more than you will need to secure a good pass. The key to success in AA is understanding the essence of audit and lots and lots of question practice.
I suggest you set aside the BPP text as a source of reference, once you start on revision question practice and want then to check up on more details. For now, aim to get through the syllabus, it is true that topics will “come together” as you build up a picture of what AA is about.
Download the notes https://opentuition.com/acca/aa/acca-audit-assurance-aa-notes – there are 29 chapters in 120 pages – so that on average only 4 pages a chapter – enough to give a “flavour” of each topic.
Read the notes and then watch the lectures https://opentuition.com/acca/aa/acca-audit-assurance-aa-lectures – or vice versa – you might try both approaches and see which is more helpful – there are c. 8 hours of lectures on average 30 mins but some are only 10 minutes.
At the end of each Chapter – attempt the test https://opentuition.com/acca/aa/aa-practice-questions – these are not trivial but written to draw out whether you have grasped the important points – for any that you get wrong, if you don’t understand the answer justification – ASK (in this tutor forum please not in the “comments” section below the test).
Once you have got through a “study phase” you can start on good question practice – see this post https://opentuition.com/topic/exam-preparation-18 – ignore the first para but make sure you have worked through everything else that is geared to question practice on this site and in the CBE practice platform.
Look at ALL my “starred”/”sticky” posts at the top of this forum and incorporate them in your revision.
Here you can read the account of my prizewinning student for the March 2021 session https://opentuition.com/topic/my-approach-towards-clearing-aa-with-85 – she also didn’t work in audit.
See here for a study planner https://www.accaglobal.com/gb/en/student/exam-support-resources/fundamentals-exams-study-resources/f8/compass-planning.html – the template pdf at the bottom of the page includes “sample planners” as a guide.
@jangodango When you go this page https://opentuition.com/forum/ask-acca-tutor-forums/ask-the-tutor-acca-audit-and-assurance-aa-exams …. starting at the top … under the “create new topic” button, you should see the posts listed under column headings:
Topic ……….. Views …………….. Posts ………. Last post
The first post at the top of the list is always a notification about the latest PQ magazine, but under that there are posts started by me “Kim Smith” and against them on the left are blue stars – this means that they have been “sticky posted” to appear at the top of the forum.
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